On the Efficacy of Reforms: Policy Tinkering, Institutional Change, and Entrepreneurship
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https://www.nber.org/papers/w10455
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资源简介：
We analyze the interplay of policy reform and entrepreneurship in a model where investment decisions and policy outcomes are both subject to uncertainty. The production costs of non-traditional activities are unknown and can only be discovered by entrepreneurs who make sunk investments. The policy
提供机构：
美国国家经济研究局
创建时间：
2004-04-01
